One Horizon Group Inc (OHGI) Major Shareholder Zhanming Wu Purchases 2,000,000 Shares

One Horizon Group Inc (NASDAQ:OHGI) major shareholder Zhanming Wu acquired 2,000,000 shares of the company’s stock in a transaction on Tuesday, October 24th. The stock was bought at an average cost of $0.13 per share, with a total value of $260,000.00. Following the completion of the acquisition, the insider now directly owns 2,000,000 shares in the company, valued at $260,000. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Shares of One Horizon Group Inc (NASDAQ OHGI) traded up $0.02 during midday trading on Thursday, reaching $1.08. The company’s stock had a trading volume of 150,000 shares, compared to its average volume of 242,071. One Horizon Group Inc has a 52-week low of $0.57 and a 52-week high of $2.82.

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One Horizon Group Company Profile

One Horizon Group, Inc is engaged in the development and licensing of software for mobile voice over Internet protocol (VoIP). The Company’s operations include the licensing of software to telecommunications operators and the development of software application platforms that optimize mobile voice, instant messaging and advertising communications over the Internet.

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